3. Nature of Insurance Risk sharing and risk transfer. Risk assessment in advance. Its not gambling or charity. Huge number of insured people. Assists in capital formation.
4. SEMANTICS Risk Policy Whole life policy Endowment policy Claim Reinsurance Premium Insurance penetration Insurance density Actuary
5. TYPES OF INSURANCE Life Insurance General Insurance a) Fire Insurance. b) Marine Insurance. c) Social Insurance & d) Miscellaneous Insurance. (Health insurance, Liability Insurance etc….)
6. HISTORY OF INSURANCE Insurance has existed for thousands of years. Great fire of London in 1666. Edward Lloyd. 1818, first insurance company in India. 1850, first general insurance company.
14. Focus on Customer, not product Not a Product Program, . . . instead a Customer Program Understand financial needs and key expectations Evaluating the customer as a whole, not just for a product Product features as designed for the specific segment Segment strategy for sales, operations, and collections. Financials and segment profitability
16. Products This is basically a wealth Management unit deals in all the almost all investment option present in market. They give there services in Insurance Demat Account Mutual Funds Bonds Share Debenture Corporate FD’s & Corporate Loan. Gold
19. Title A perceptual study on Investors Behaviour toward Insurance Sector with reference to Money Matter Inc. in Chandigarh
20. Introduction to the project The project has been carried out to understand the Perception of Investors towards Insurance Sector in terms of preference towards various Investment alternatives like Insurance , Mutual Fund , Fixed Deposit, Real Estate etc.
21. SCOPE OF THE STUDY The result of this research would help the company to have a better understanding about the Investor’s perception towards Insurance. The study helps the company by creating awareness about the Investors of different ages and income levels. The study also enables the company to focus the consumer’s preferences and expectations on the product which they offer. This study will help to create awareness about the Money Matter Incorporation.
22. Objectives of the study To study the important parameters that Investors think about before investing in Life Insurance Sector Policy. To study the Demographics of Consumers concerning the Insurance sector. To study the various Investment alternatives to Insurance being preferred by the Investors To find out the awareness of Money Matter Inc. among the Investors .
26. DATA SOURCE PRIMARY DATA A primary data is a data, which is collected for gathering information first time and to analyze the problem. SECONDARY DATA Secondary data consist of information that already exits somewhere, having been collected for some other purpose.
27. Method Of Data Collection PRIMARY DATA METHOD OF PRIMARY DATA COLLECTION The method followed in obtaining the primary data was through the structured questionnaire. SECONDARY DATA METHOD OF SECONDARY DATA COLLECTION: Journals and Magazines Internet